NORTHANN CORP (NCL) Stock Technical Analysis
NYSEARCA:NCL - American Stock Exchange - US66373M2008 - Common Stock
Taking everything into account, NCL scores 6 out of 10 in our technical rating. NCL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
NCL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NCL has an average volume of 8341630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, NCL outperforms 43% of them, which is more or less in line with the market.
NCL is an average performer in the Building Products industry, it outperforms 44% of 41 stocks in the same industry.
In the last month NCL has a been trading in the 0.25 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, NCL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NCL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.27
0.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.39 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.84
Mansfield-2.49
10 Day High0.35
10 Day Low0.27
20 Day High0.38
20 Day Low0.25
52 Week High1.16
52 Week Low0.15
Performance
1 Week-3.04%
2 Weeks3.52%
1 Month17.94%
3 Month73.6%
6 Month27.69%
12 Month-72.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.42
LBB0.26
UBB0.33
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.34 | 0.28 | 0.06 (17.65%) | 5.67% |
| An entry @0.34. This is a Buy Stop order right above the resistance zone. | An exit @0.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 17.65%. | When investing 5.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NORTHANN CORP
NYSEARCA:NCL (1/22/2025, 4:26:12 PM)
After market: 0.3223 +0.01 (+4.3%)0.309
-0.01 (-3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-3.44%
1 Week-3.04%
2 Weeks3.52%
1 Month17.94%
3 Month73.6%
6 Month27.69%
12 Month-72.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.84%
ATR Inc-42.95%
Range Today0.02
ADR(20)0.03
ADR(20)%10.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.84
Mansfield-2.49
10 Day High0.35
10 Day Low0.27
20 Day High0.38
20 Day Low0.25
52 Week High1.16
52 Week Low0.15
CS1 End0.29
CR1 Start0.33
Volume & EV
DER(3)6.34%
DER(5)-1.01%
Volume97.88K
Volume Incr-39.06%
Vol(5)287.44K
Vol(50)8.34M